Incentives

The Community Redevelopment Agency adopted the following incentives at their June 25, 2003 regular meeting.

LAND DEVELOPMENT CODES, as would completely apply to the area, but at a minimum address:
  • Parking reductions/cross-parking ability/CRA provision of parking
  • Stormwater management adjustments/regulatory assistance
  • Setback waivers
  • New Redevelopment Mixed Use zoning district, which allows a density up to 25 units per acre and heights up to 110 feet upon meeting certain Architectural and Site Design Guidelines.
PERMITTING:
  • One-stop permitting
  • Expedited review-Projects within the CRA come to the top of the list/personnel assigned to CRA projects
  • Priority reviews/inspections
FEE INCENTIVES:
  • Potentially deferred Wastewater Impact Fees
GRANTS/LOAN PROGRAMS:
  • Façade Treatment grants and loans
  • Landscaping grants and loans
  • Small business administration grants/loans
  • Loan Pool for certain size businesses to locate or expand-through Community Reinvestment Act portfolio contributions by local banks
These are currently general Incentives available to all under Florida Law that we will identify in our materials:
  • No personal income tax
  • No state-level ad valorem taxes
  • No tax on inventories, goods-in-process or goods-in-transit
  • $5,000 corporate income tax exemption $25,000 homestead tax exemption
  • Tax exemption on pollution control equipment
  • Sales tax exemption on new machinery and equipment
  • Sales tax exemption on raw materials used in manufacturing
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